Does homeowners insurance cover a lost digital camera?

Lost, No. Loosing an item is not a covered cause. There is a way of covering expensive item on a homeowners policy. This is by listing them on an Inland Marine Floater. There are all kinds of items you can list on these floaters: Jewelry, Furs, Art, Guns, Camera Equipment, Computer Equipment, Coin Collections, etc. The benefit of listing items like this is that they are at an agreed upon value, there is no deductible, and they are covered for "mysterious disappearance", meaning lost, stolen but no evidence of break in, etc.